The BlackLine Finance Controls and Automation Platform streamlines all aspects of the close process, saving significant time and effort. The BlackLine Transaction Matching can streamline and automate detail-heavy reconciliations, such as bank reconciliations, credit card matching, intercompany reconciliations and invoice-to-PO matching. It contains a state-of-the-art matching engine with powerful and configurable pass rules.
- Streamline processes with built-in workflows, exception handling, and document storage.
- Reduce manual labor with configurable matching rules and schedules.
- Create and employ match sets on an ad hoc basis with a powerful and intuitive interface.
- Reduce keying errors by eliminating spreadsheet ticking and tying.
This product is used by businesses around the world for a variety of reconciliation purposes, including Bank to General Ledger; Bank to Credit Card; Intercompany; Investment Transactional Matches; Bank to Accounts Receivable; Third-Party Invoices to Internal Records; and many others.
When unmatched transactions are identified, users can quickly and easily create reconciling items and journal entries. The product integrates with any ERP or GL system, as well as with all other products in the BlackLine Finance Controls and Automation Platform.